EdinaHome Values

Edina's median sale price fell to $657,500 last month, 14.6 percent below September a year ago.

Worth putting beside that: over the full twelve months the median has been $696,250, up 3.1 percent year over year. One month moves further than a year does, which is usually a sign the month is noisier than it looks.

How long homes are taking

The month and the year are telling different stories here, so both are worth knowing. In September the typical Edina home took 80 days against 44 a year ago, a real jump. Across the full twelve months the pace has held closer to steady at 66 days versus 69. One slow month is not a trend, but sellers took 95.1 percent of their original asking price last month, which is the kind of number that usually shows up before a trend does. Worth watching rather than worth panicking over.

That asking-price figure is the one to sit with. At 95.1 percent, Edina sellers are taking meaningfully less than they list for. On a $657,500 home that gap is roughly $32,217. It usually means list prices have run ahead of what buyers will pay.

How much is for sale

There were 220 homes on the market at the end of September against 235 a year ago, which works out to 3.4 months of supply. That is still tilted toward sellers, with more room than a year ago. Choice has barely changed for buyers year over year.

How Edina sits inside Hennepin County

Countywide the median was $400,000 last month and homes took 51 days to sell. Edina came in at $657,500 and 80 days, so above the county median and moving slower than the county pace. Across the metro as a whole the median was $395,000 with 48 days on market.

Data source: Minneapolis Area REALTORS®, from NorthstarMLS. Figures current as of October 7, 2026. Percentages are calculated from the published figures and may differ slightly from the report's own rounding.